FI Evening Grain Comments 04/25/23

FI Evening Grain Comments 04/25/23

PDF Attached   Lower trade in soybeans and higher trade in back month corn contracts on spreading. The US will see wet and cool temperatures this week slowing corn plantings. We think it’s too early to talk about a good shift from corn to soybean plantings....
Crop Progress and Opening Calls 04/24/23

Crop Progress and Opening Calls 04/24/23

USDA NASS PDF attached   Calls: Steady soybeans, steady corn, steady Chicago to slightly higher for KC/MN protein wheat     Terry Reilly Senior Commodity Analyst – Grain and OilseedsFutures InternationalOne Lincoln Center18W140 Butterfield...
FI Evening Grain Comments 04/21/23

FI Evening Grain Comments 04/21/23

PDF Attached   Mostly lower trade on weekend positioning and improving SA and North American weather. There was also heavy option call selling bias corn and soybeans. Look for a lower trade early next week if fundamentals are little changed.     Fund...
FI Ag Commitment of Traders 04/21/23

FI Ag Commitment of Traders 04/21/23

PDF attached   Funds were less long for corn, soybeans and soybean oil while less short than expected for wheat and more short than expected for soybean oil.  We don’t see a price impact from the weekly COT report.          ...